(Michael Robinson Chavez/The Washington Post)
(Michael Robinson Chavez/The Washington Post)

Tapping retirement funds to invest in real estate is a terrible idea. For Baltimore’s top lawyer, it led to federal charges.

Baltimore’s chief prosecutor, Marilyn Mosby, has been accused of making false loan applications. Based on the court filing, she's at least guilty of making some bad money moves.

ExxonMobil aims for net zero greenhouse gas emissions from operations by 2050

The oil giant says it has identified more than 150 potential steps to decrease its environmental impact over time.

Dow sinks 500 points as bond yields, earnings rattle investors

Stocks’ record-breaking run in 2021 has given way to a choppy start to 2022 trading.

Carhartt said vaccination remains mandatory for employees. A conservative backlash followed.

Carhartt CEO Mark Valade said company policy on "an unvaccinated workforce" remains unchanged, prompting some to swear they would no longer buy the brand's products.

Cracker Barrel served a cleaning agent to a customer. A jury ordered it to pay $9.3 million.

At a Cracker Barrel in Tennessee, William Cronnon was served the chemical Eco-San, a cleaning agent in the kitchen, that has since caused him years of gastrointestinal issues, according to court documents.

The U.S. government is boycotting the Beijing Olympics over human rights. Coke and Airbnb are still on board.

For two years, campaigners representing the people of Hong Kong, Tibet and China’s Xinjiang region have been pushing U.S. and Western companies to drop their sponsorships of the Games, which start Feb. 4. None have.

Omicron fallout and tough labor talks likely to rattle supply chains and fuel inflation

The omicron surge has worsened worker shortages and supply chain disruptions, helping fuel inflation. This spring could see another threat as cargo carriers and the longshore workers’ union begin talks aimed at a new contract. Shippers fear a repeat of the work slowdowns and employer retaliation that snarled West Coast ports for several months in 2014-2015.

DirecTV says it will sever ties with far-right network One America News

The conservative news channel, which rose to prominence during the Trump administration and has promoted conspiracy theories about the 2020 presidential election and coronavirus pandemic, will be dropped from DirecTV in early April when its contract expires.

Fewer groceries, more debt: Families brace for first month without child tax payments

The child tax credit, part of the Biden administration’s American Rescue Plan Act passed last year, distributed as much as $300 per child every month to millions of American families starting in July. The extra pay lasted six months before it lapsed in late December. It would have come this weekend.
  • Pandora Papers | Letter from the editor

Why The Post published the Pandora Papers investigation

Executive Editor Sally Buzbee’s letter about the Pandora Papers and The Washington Post’s findings
  • 4 days ago

Sen. Warren demands profit and rent figures from companies following Pandora Papers revelations

Sen. Elizabeth Warren issued letters on Thursday to three of the nation's largest owners of suburban housing, demanding information about their profits, rent hikes and acquisitions. The letters come as a relatively new real estate phenomenon is spreading across suburban U.S. neighborhoods: large companies buying up thousands of single-family homes every month and putting them up for rent

IRS delays triggered some premature collection notices

The IRS is so backed up that it has prematurely started collection actions in some cases because it hasn't got around to processing responses from taxpayers in time.

2021 shattered job market records, but it’s not as good as it looks

The economy added 6.4 million jobs in 2021 and rank-and-file workers saw their paychecks rise by $1.46 an hour. Both are the largest gains on record. But those rosy numbers can be misleading.

Owners of burned Bronx building held billions in real estate, reaped housing subsidies

The owners of the apartment tower where a fire left 17 dead are three investment groups with billions of dollars in affordable housing investments. Some housing advocates say such investors, which take advantage of government subsidies for affordable housing, ought to be held to higher standards.
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